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E.ON to acquire OVO Energy in major deal
PUBLIC · EONGYMay 11, 2026•2 months ago
Acquiring Company
E.ON SE
Acquired Company
Ovo Energy
EssenLondonManufacturingEnergyRenewable Energy
Description
E.ON Group announced its plan to acquire UK energy supplier OVO Energy in a significant investment aimed at enhancing consumer energy flexibility. The deal will allow the combined entity to serve approximately 9.6 million customers and is expected to be completed in the second half of 2026, pending regulatory approval. E.ON believes this acquisition will strengthen its core retail business and further its commitment to a sustainable energy future.
Company Information
Company
E.ON SE
Location
Essen, North Rhine Westphalia, Germany
About
E.ON SE is a leading energy company focused on providing innovative energy solutions and services. The company operates in various energy markets across Europe, serving millions of customers with a commitment to sustainability and digitalization. E.ON is dedicated to facilitating the energy transition and meeting the needs of its customers through flexibility and smart energy solutions.
Essen
LondonManufacturingEnergyRenewable Energy